Hi, Does anyone know the EasyLanguage code for placing a Stop Limit in Tradestation? Let's say you want the computer to place a 110 stop limit order to buy when spot is 100 - how do you do that? I know the code for a buy stop is "Buy next bar 1 contract at 110 stop;" Anyone with the answer?
You may find a better answer here: http://finance.groups.yahoo.com/group/MrEasyLanguage/messages or on the TS forums.
nana, thanks so much. I've given up using automated stop entries because I get such bad execution in YM ... gone back to the stone age for now.
Not sure still you want it , incase need it later Vars:ONBlimit(false), ONBstop(false), ONBlimit2(false), ONBstop2(false), ONBlimitvalue(0), ONBstopvalue(0); ONBlimitvalue=High+4 points; {Replace with your own point values} ONBstopvalue=High+2 points; {Replace with your own point values} ONBlimit= Open of next Bar >= ONBlimitvalue; ONBstop= Open of next Bar<= ONBstopvlaue; ONBlimit2= Open of next Bar <= ONBlimitvalue; ONBstop2= Open of next Bar>= ONBstopvlaue; If ONBlimit then buy next bar at ONBlimitvalue limit else If ONBstop then buy next bar at ONBstopvlaue stop else if ONBlimit2 and ONBstop2 then buy next bar at market; -------------------------------------------------- Above is stop limit order for Buy order, also same for Buytocover orders (just replace exit short with the word "buy"). For short and sell order, everything opposite.